Yosu_Fund

BTC/JPY - weekly Analytics + Altcoins 25.05.2020

Long
BITFLYER:BTCJPY   Bitcoin / Japanese Yen
In our opinion, the price continuing to be within the corrective frames,
that indicates passing of approximately 50% of the entire impulse movement which formed from 13.03.2020.
Investors' sentiment is at neutral levels and slightly shifts from a little optimism to pessimism, that also confirms our expectations.
We assume the volatile correction will last during 1-3 weeks.

Altcoins:
(Considered coins are LTC,ETH, EOS ,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
We also emphasize ETH, LTC and EOS coins which were noticed in our previous reviews.
The situation in these instruments depends completely on the forming movement in BTC .
We expect that correction models will form approximately at the same time as in Bitcoin (1-3 weeks).